Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

Crypto Corner Podcast 532: Stocks discussed: (TSX: BTCC-B) (TSX: BTCC-U) (TSX: EBIT) (TSX: EBIT-U) (CSE: GBLC)

Bitcoin Hits $53K, First Bitcoin ETF Sees $165M Trade Volume in First Day, Second Bitcoin ETF Launches, and Graph Blockchain Completes Babbage Mining Acquisition


Point Roberts, WA and Delta, BC - February 19, 2021 ( Newswire), a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market.

Listen to today's Crypto Corner Podcast:

Crypto Corner Podcast 532: Stocks discussed: (TSX: BTCC-B) (TSX: BTCC-U) (TSX: EBIT) (TSX: EBIT-U) (CSE: GBLC)


Get the Crypto Corner Podcast on iTunes

Get the Crypto corner on Spotify

Stocks discussed: (TSX:BTCC-B) (TSX:BTCC-U) (TSX:EBIT) (TSX:EBIT-U) (CSE:GBLC)

As we enter the weekend Bitcoin (BTC) has continued its upward momentum, registering yet another new all-time high trading price of $53,155 earlier this morning, according to data from CoinMarketCap. At press time, Bitcoin is trading for just below $53K, and has a total market cap of about $989 billion.

Yesterday saw the launch of the world's first Bitcoin ETF from Purpose Investments Inc., trading as Purpose Bitcoin ETF in Canadian dollar denominated ETF non-currency hedged units (TSX:BTCC-B) and U.S. dollar denominated ETF non-currency hedged units (TSX:BTCC-U). According to the press release, the ETF invests "directly in physically settled Bitcoin," and is "backed directly by physically settled Bitcoin holdings." CoinDesk reports that, since launching, "about $165 million worth of shares of the newly minted ETF changed investor hands in less than a day."

A second Bitcoin ETF, also Canadian, from Evolve Funds Group Inc. launched today on the Toronto Stock Exchange as (TSX:EBIT) (CAD) (TSX:EBIT-U) (USD). Raj Lala, President and CEO at Evolve, commented:

"The recent institutional adoption has helped further legitimize the progress of bitcoin. Being able to offer an ETF which holds physical bitcoin is a real game changer in Canada. Now investors may participate in bitcoin via their brokerage accounts within their RRSP and TFSA. Bitcoin has proven to be a store of value that is uncorrelated to other major asset classes - and has now emerged as an asset class itself."

Graph Blockchain Inc. (CSE:GBLC) has completed the acquisition of altcoin-focussed Babbage Mining Corp. Graph Blockchain CEO, Andrew Ryu, said:

"The acquisition of Babbage will help position Graph in the evolving and rapidly expanding cryptocurrency space. According to website, Bitcoin as a cryptocurrency has a market cap of CDN $1.17 trillion, has increased from a price of around $437 in February 2016 to over $49,400 today, a 11,746% increase. Graph now has a platform in Altcoin for employing blockchain transactions through crypto mining, related payments on blockchain, and a variety of subsequent support services. We look forward to growing Graph organically and through other viable acquisitions in the crypto space."

Sam Mowers, Investorideas

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

About - News that Inspires Big Investing Ideas is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto Corner, Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change, Exploring Mining the AI Eye.

The Crypto Corner is part of the Investor Ideas Membership content

The podcasts are also available on iTunes, Spotify, Tunein, Stitcher,, iHeartRadio and Google Play Music.

Visit the Podcast page at

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

Cryptocurrency Disclaimer news content is not meant to be a solicitation to buy or sell cryptocurrencies and does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an content brand

Follow us on Twitter

Follow us on Facebook

Follow us on YouTube

Download our Mobile App for iPhone and Android



Get more Bitcoin and Blockchain Investor ideas - news, articles, podcasts and stock directories